Deutsche Börse’s Xetra surpasses 1,000 ETF listings

Five new ETFs from Deutsche Bank’s exchange-traded fund (ETF) platform, db X-trackers, mean that more than 1,000 ETFs are now tradable on Deutsche Börse’s Xetra exchange.

There are now more than 1000 ETFs available on Deutsche Börse’s Xetra platform, making it one of the most important trading venues in Europe for ETFs.

The exchange’s comprehensive ETF offering, together with an average monthly trading volume of €12 billion, makes Xetra one of the most important trading venues for ETFs in Europe. Its market share in European ETF trading is around 38%, with assets of more than €170 billion.

The London Stock Exchange, one of Deutsche Börse’s main rivals in Europe, has approximately 650 ETFs listed. Other exchanges include the NYSE Euronext, Borsa Italiana and the SIX Swiss Exchange.

Commenting on the milestone, Rainer Riess, Managing Director of Xetra Market Development at Deutsche Börse, said: “In April 2000, we became the first European stock exchange to introduce ETF trading. The number of products and the amount of funds invested has developed at a rapid pace since then. The product range comprises ETFs on equities, bonds and commodities and various topics such as dividend strategies. ”

Riess added: “The drivers of growth are the increasing awareness of ETFs and their variety of uses. Thanks to high liquidity, investors benefit from high transparency and low transaction costs in Xetra trading, which is both monitored and fair.”

Thorsten Michalik, head of db X-trackers, Deutsche Bank, said, “The expansion of Deutsche Börse’s ETF segment has been a real success story, not only for the exchange and for db X-trackers, but also for investors, who can now access a wide range of markets and exposures at low cost. We congratulate Deutsche Börse on its 1000th listing.”

Michalik added: “Together with ETF providers, Deutsche Börse has succeeded in developing the ETF from a niche product to an industry-standard in Europe in little more than ten years. This is making ETFs attractive for new target groups who will in future be able to implement their investment aims with ETFs thanks to highly liquid trading on Xetra. For this reason, I’m convinced that the attractiveness of ETFs will also increase a lot further in the future.”